Victory Capital Administration Inc. lower its holdings in OGE Vitality Corp. (NYSE:OGE – Get Score) by 85.5% in the course of the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee. The institutional investor owned 50,762 shares of the utilities supplier’s inventory after promoting 298,670 shares in the course of the interval. Victory Capital Administration Inc.’s holdings in OGE Vitality had been price $1,851,000 as of its most up-to-date SEC submitting.
Different giant traders additionally lately added to or lowered their stakes within the firm. New York State Lecturers Retirement System lifted its holdings in OGE Vitality by 8.3% within the 2nd quarter. New York State Lecturers Retirement System now owns 270,860 shares of the utilities supplier’s inventory price $10,444,000 after buying a further 20,785 shares within the final quarter. Louisiana State Workers Retirement System bought a brand new stake in shares of OGE Vitality in the course of the third quarter price roughly $1,943,000. Van ECK Associates Corp raised its holdings in shares of OGE Vitality by 6.1% in the course of the third quarter. Van ECK Associates Corp now owns 40,537 shares of the utilities supplier’s inventory price $1,478,000 after buying a further 2,346 shares within the final quarter. M&T Financial institution Corp raised its holdings in shares of OGE Vitality by 112.5% in the course of the 2nd quarter. M&T Financial institution Corp now owns 14,589 shares of the utilities supplier’s inventory price $358,000 after buying a further 7,722 shares within the final quarter. Lastly, NewEdge Advisors LLC raised its holdings in shares of OGE Vitality by 121.9% in the course of the 2nd quarter. NewEdge Advisors LLC now owns 27,842 shares of the utilities supplier’s inventory price $1,074,000 after buying a further 15,296 shares within the final quarter. 67.78% of the inventory is owned by hedge funds and different institutional traders.
OGE Vitality Inventory Efficiency
Shares of OGE Vitality inventory opened at $39.83 on Thursday. OGE Vitality Corp. has a 52 week low of $33.28 and a 52 week excessive of $42.91. The corporate has a fast ratio of 0.78, a present ratio of 0.91 and a debt-to-equity ratio of 0.80. The inventory’s fifty day transferring common is $39.60 and its two-hundred day transferring common is $39.21. The corporate has a market capitalization of $7.97 billion, a PE ratio of 8.57, a price-to-earnings-growth ratio of three.83 and a beta of 0.69.
OGE Vitality (NYSE:OGE – Get Score) final posted its quarterly earnings outcomes on Wednesday, November 2nd. The utilities supplier reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.19. OGE Vitality had a return on fairness of 15.74% and a internet margin of 28.80%. The enterprise had income of $1.27 billion for the quarter. As a bunch, analysts anticipate that OGE Vitality Corp. will put up 2.13 earnings per share for the present yr.
OGE Vitality Dividend Announcement
The corporate additionally lately declared a quarterly dividend, which was paid on Friday, January twenty seventh. Stockholders of file on Monday, January ninth got a dividend of $0.414 per share. This represents a $1.66 dividend on an annualized foundation and a dividend yield of 4.16%. The ex-dividend date was Friday, January sixth. OGE Vitality’s payout ratio is 35.48%.
Wall Road Analysts Forecast Progress
A number of analysis companies have lately weighed in on OGE. Credit score Suisse Group lower their goal value on OGE Vitality to $36.00 in a analysis report on Thursday, October twenty seventh. Wells Fargo & Firm boosted their goal value on OGE Vitality to $42.00 in a analysis report on Wednesday, December 14th. Mizuho lower their goal value on OGE Vitality from $42.00 to $34.00 and set a “impartial” ranking on the inventory in a analysis report on Thursday, October thirteenth. StockNews.com downgraded OGE Vitality from a “purchase” ranking to a “maintain” ranking in a analysis report on Monday, January twenty third. Lastly, Guggenheim downgraded OGE Vitality from a “purchase” ranking to a “impartial” ranking and upped their value goal for the corporate from $39.00 to $40.00 in a analysis report on Monday, January twenty third. Six analysts have rated the inventory with a maintain ranking, In line with MarketBeat, OGE Vitality presently has a median ranking of “Maintain” and a consensus goal value of $38.60.
Insider Transactions at OGE Vitality
In different information, VP Cristina F. Mcquistion offered 3,067 shares of the inventory in a transaction on Friday, November eleventh. The inventory was offered at a median value of $38.23, for a complete transaction of $117,251.41. Following the transaction, the vp now owns 22,485 shares of the corporate’s inventory, valued at roughly $859,601.55. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is obtainable by this hyperlink. Company insiders personal 12.90% of the corporate’s inventory.
OGE Vitality Firm Profile
OGE Vitality Corp. is a holding firm with investments in power and power service suppliers, providing bodily supply and associated providers for electrical energy in Oklahoma and western Arkansas and pure gasoline, crude oil and NGLs throughout the U.S. OGE Vitality conducts these actions by two enterprise segments: Electrical Utility and Pure Fuel Midstream Operations.
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